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US officials say deal secured to cut China trade deficit

GENEVA � U.S. Treasury Secretary Scott Bessent and trade representative Jamieson Greer said on Sunday they reached a deal with China to cut the U.S. trade deficit, describing "substantial progress" in high-stakes negotiation with China officials.

Bessent told reporters that details will be announced this week and President Donald Trump isaware of the results of the "productive talks" with China Vice Premier He Lifeng and two Chinese vice ministers.



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